DEWECO: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
DEWECO
Largest movements
- Cash +€1.6m
up €1.6m (+986.4%), from €158,703 to €1.7m
mainly Stocks and contracts (+€1.0m) and Receivables within one year (+€400,000)
- Stocks and contracts -€1.0m
down €1.0m (-26.8%), from €3.8m to €2.8m
- Receivables within one year -€400,000
down €400,000 (-99.4%), from €402,236 to €2,236
- Deferred charges and accrued income +€86,970
up €86,970 (+2618.3%), from €3,322 to €90,292
- Reserves +€137,558
up €137,558 (+4.6%), from €3.0m to €3.1m
of which Distributable reserves: +€137,558
- Gross operating margin +€238,917
up €238,917 (+340.6%), from €70,153 to €309,070
- Taxes +€60,083
new in 2025: €60,083
- Financial charges -€8,348
down €8,348 (-10.3%), from €81,388 to €73,040
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,967,814 | €6,191,933 | +€224,118 | +3.8% |
| Fixed assets | 21/28 | €1,599,483 | €1,592,483 | -€7,000 | -0.4% |
| Tangible fixed assets | 22/27 | €134,006 | €127,006 | -€7,000 | -5.2% |
| Land and buildings | 22 | €134,006 | €127,006 | -€7,000 | -5.2% |
| Financial fixed assets | 28 | €1,465,477 | €1,465,477 | = | 0.0% |
| Current assets | 29/58 | €4,368,331 | €4,599,449 | +€231,118 | +5.3% |
| Stocks and contracts in progress | 3 | €3,804,070 | €2,782,845 | -€1.0m | -26.8% |
| Stocks | 30/36 | €3,804,070 | €2,782,845 | -€1.0m | -26.8% |
| Amounts receivable within one year | 40/41 | €402,236 | €2,236 | -€400,000 | -99.4% |
| Other amounts receivable | 41 | €402,236 | €2,236 | -€400,000 | -99.4% |
| Cash at bank and in hand | 54/58 | €158,703 | €1,724,077 | +€1.6m | +986.4% |
| Deferred charges and accrued income | 490/1 | €3,322 | €90,292 | +€86,970 | +2618.3% |
| Total equity and liabilities | 10/49 | €5,967,814 | €6,191,933 | +€224,118 | +3.8% |
| Equity | 10/15 | €4,598,259 | €4,735,818 | +€137,558 | +3.0% |
| Contributions | 10/11 | €1,496,161 | €1,496,161 | = | 0.0% |
| Capital | 10 | €660,000 | €660,000 | = | 0.0% |
| Issued capital | 100 | €660,000 | €660,000 | = | 0.0% |
| Contributions outside capital | 11 | €836,161 | €836,161 | = | 0.0% |
| Share premium | 1100/10 | €836,161 | €836,161 | = | 0.0% |
| Reserves | 13 | €2,967,030 | €3,104,589 | +€137,558 | +4.6% |
| Non-distributable reserves | 130/1 | €66,000 | €66,000 | = | 0.0% |
| Legal reserve | 130 | €66,000 | €66,000 | = | 0.0% |
| Distributable reserves | 133 | €2,901,030 | €3,038,589 | +€137,558 | +4.7% |
| Profit (loss) carried forward | 14 | €135,068 | €135,068 | = | 0.0% |
| Amounts payable | 17/49 | €1,369,555 | €1,456,115 | +€86,560 | +6.3% |
| Amounts payable within one year | 42/48 | €1,308,167 | €1,399,741 | +€91,574 | +7.0% |
| Trade debts | 44 | €1,352 | €216 | -€1,136 | -84.0% |
| Suppliers | 440/4 | €1,352 | €216 | -€1,136 | -84.0% |
| Taxes, remuneration and social security | 45 | - | €60,083 | +€60,083 | |
| Taxes | 450/3 | - | €60,083 | +€60,083 | |
| Other amounts payable | 47/48 | €1,306,815 | €1,339,441 | +€32,627 | +2.5% |
| Accrued charges and deferred income | 492/3 | €61,388 | €56,374 | -€5,014 | -8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,000 | €7,000 | = | 0.0% |
| Other operating charges | 640/8 | €3,199 | €2,903 | -€296 | -9.3% |
| Gross operating margin | 9900 | €70,153 | €309,070 | +€238,917 | +340.6% |
| Operating profit (loss) | 9901 | €59,953 | €299,167 | +€239,214 | +399.0% |
| Financial income | 75/76B | €2,811 | €4,142 | +€1,330 | +47.3% |
| Recurring financial income | 75 | €2,811 | €4,142 | +€1,330 | +47.3% |
| Financial charges | 65/66B | €81,388 | €73,040 | -€8,348 | -10.3% |
| Recurring financial charges | 65 | €81,388 | €73,040 | -€8,348 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | -€18,623 | €230,268 | +€248,892 | |
| Income taxes | 67/77 | - | €60,083 | +€60,083 | |
| Profit (loss) for the period | 9904 | -€18,623 | €170,185 | +€188,808 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,623 | €170,185 | +€188,808 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.